China’s state planner NDRC approves fixed asset projects worth 9 bn yuan in October | Forexlive
China’s state planner, the National Development and Reform Commission of the People’s Republic of China (NDRC), approves fixed asset projects worth 9
billion yuan in October
- 97 projects worth 1.4 trillion yuan YTD
- Policies to stabilise growth will take effect mostly in Q4
- will actively expand effective investment
- will speed up recovery of consumption in key sectors